The assignment is a result of several factors, including its strong market position, affiliation with Oakland, Calif.-based Kaiser Permanente, healthy balance sheet and growing outpatient presence. S&P also acknowledged the OHMC’s sizable capital plans and highly competitive market.
The outlook is stable.
More articles on healthcare finance:
9 latest hospital credit downgrades
This week’s 5 must-reads for hospital RCM leaders
Fitch: Rating downgrades will likely outweigh upgrades for US healthcare companies in 2018
